bid rounds
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Egypt Targets Mining Exports Worth $10 B by 2040: El Molla
Sunday, 14th March 2021
Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion
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MoP, Schlumberger Announce Launch of Egypt Upstream Gateway
Thursday, 18th February 2021
The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), the first exploration and production (E&P) digital data center.
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Egypt Signs 10 New Contracts for Gold Exploration with $11 MM
Wednesday, 17th February 2021
The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of 10 new contracts for gold exploration with investments more than $11 million.
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IOCs Highlight Egypt’s Investment Potentials During AEC
Tuesday, 15th December 2020
Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.
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El Molla: New Mediterranean Sea Bid Round on the Horizon
Thursday, 13th August 2020
The Minister of Petroleum and Mineral Resources, Tarek El Molla commented on the Egypt-Greece maritime demarcation agreement saying that it could lead to more opportunities for exploration and production (E&P) bid rounds in the Mediterranean.
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Ganope to Utilize eFTG Survey on Upper Egypt Assets
Wednesday, 12th August 2020
TGS, a leading provider of multi-client geoscience data for exploration and production (E&P) companies, will implement Enhanced Full Tensor Gravity Gradiometry (eFTG) survey on Ganoub El Wadi Petroleum Holding Company’s (Ganope) assets in Upper Egypt.
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Egypt-Greece Agreement Could Create E&P Bid Round Opportunities
Sunday, 9th August 2020
Hamdy Abdel Aziz, Spokesperson for the Ministry of Petroleum and Mineral Resources, stated that the new Egypt-Greece maritime demarcation agreement will create exploration and production (E&P) bid round opportunities in the Mediterranean.
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Norway to Offer 125 New Arctic Exploration Permits
Thursday, 25th June 2020
Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea.
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Sawiris Negotiates to Gain 51% of Shalateen Mining Company
Monday, 24th February 2020
Nagiub Sawiris, the Billionaire businessman, said that he negotiates with the government to acquire 51% stake in the state-owned Shalateen Mining company which came in parallel with his intent to start his activity in the mining industry.
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Shell Wins Two Concessions in Red Sea Licensing Round
Sunday, 29th December 2019
The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala Petroleum (30%), while the second concession is located in Block 3 with Shell being the sole license holder.
Latest News
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UOG Records 24% Increase in Abu Sennan Reserves
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Egypt to Establish a $100 MM Bioethanol Company
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El Molla Participates in UN’s ECOSOC Forum
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Enppi's Contracts Jump 50% in 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.87 | -0.44% |
Crude Oil (Brent) Brent | USD/bbl | 66.33 | -0.38% |
NYMEX Natural Gas | USD/MMBtu | 2.60 | -0.69% |
OPEC Basket Price | USD/bbl | 61.87 | +0.67% |
Last Modified April 15, 2021